Background
DENISON, Edward was born on December 18, 1915 in Omaha, Nebraska, United States. Son of Edward Fulton Denison and Edith Barbara (Browni Denison.
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book
Why Growth Rates Differ: Postwar Experience in Nine Western Countries
(Book by Denison, Edward F., Jean-Pierre Poullier)
Book by Denison, Edward F., Jean-Pierre Poullier
http://www.amazon.com/gp/product/0815718055/?tag=2022091-20
Accounting for Slower Economic Growth : The United States in the 1970s
http://www.amazon.com/gp/product/0815718012/?tag=2022091-20
Why Growth Rates Differ. Postwar Experience in Nine Western Countries
http://www.amazon.com/gp/product/B00165LG5Q/?tag=2022091-20
The sources of economic growth in the United States and the alternatives before us (Committee for Economic Development. Supplementary paper no. 13)
(Committee For Economic Development, Supplementary Paper N...)
Committee For Economic Development, Supplementary Paper No. 13.
http://www.amazon.com/gp/product/B0006AXEDO/?tag=2022091-20
Accounting for United States Economic Growth, 1929-1969
(Explains the techniques of growth analysis and their use ...)
Explains the techniques of growth analysis and their use in studying the changes in productivity, potential national income, and output determinants that mark economic development.
http://www.amazon.com/gp/product/0815718039/?tag=2022091-20
Trends in American Economic Growth
( The growth rate of national income has fluctuated widel...)
The growth rate of national income has fluctuated widely in the United States since 1929. In this volume, Edward F. Denison uses the growth accounting methodology he pioneered and refined in earlier studies to track changes in the trend of output and its determinants. At every step he systematically distinguishes changes in the economy’s ability to produceas measured by his series on potential national incomefrom changes in the ratio of actual output to potential output. Using data for earlier years as a backdrop, Denison focuses on the dramatic decline in the growth of potential national income that started in 1974 and was further accentuated beginning in 1980, and on the pronounced decline from business cycle to business cycle in the average ratio of actual to potential output, a slide under way since 1969. The decline in growth rates has been especially pronounced in national income per person employed and other productivity measures as growth of total output has slowed despite a sharp acceleration in growth of employment and total hours at work. Denison organizes his discussion around eight table that divide 1929-82 into three long periods (the last, 1973-82) and seven shorter periods (the most recent, 1973-79 and 1979-82). These tables provide estimates of the sources of growth for eight output measures in each period. Denison stresses that the 1973-82 period of slow growth in unfinished. He observes no improvement in the productivity trend, only a weak cyclical recovery from a 1982 low. Sources-of-growth tables isolate the contributions made to growth between input” and output per unit of input.” Even so, it is not possible to quantify separately the contribution of all determinants, and Denison evaluates qualitatively the effects of other developments on the productivity slowdown.
http://www.amazon.com/gp/product/0815718098/?tag=2022091-20
Why Growth Rates Differ
http://www.amazon.com/gp/product/B0010FIVB4/?tag=2022091-20
Estimates of Productivity Change by Industry: An Evaluation and an Alternative
( Government figures show that from 1948 to 1973 producti...)
Government figures show that from 1948 to 1973 productivity increased at the same rate in the manufacturing and nonmanufacturing portions of American business. The same government figures indicate a dramatic shift in the 1980s, when productivity increased far more in manufacturing industries than in nonmanufacturing. Denison's analysis challenges the reality of this reported change. Denison focuses on the meaning and reliability of productivity series for industries within the business economy. His analysis divides into three parts. First, he finds that a large part of the difference between manufacturing and nonmanufacturing growth rates of output per hour stems from the computer industry. He argues that the effect of recent rapid productivity growth in computer production is greatly overstated because the weighting system used to combine products in output measurement exaggerates the importance of computers. Use of an output measure that does not deduct depreciation has the same effect. Denison also questions the way that output of computers is measured. Denison next examines the way changes in output per hour are allocated among industries. His evaluation leads to two major conclusions. One is that the information underlying the estimates is insufficient to warrant confidence in indicated differences among industries. The other is that, quite apart from the computer, the estimated increase in output per hour in the U.S. manufacturing in recent years is almost surely overstated and the increase in nonmanufacturing is correspondingly understated. The size of bias has, in all likelihood, increased over time. Denison recommends that the government introduce an alternative way of dividing the economy for productivity measurement, one that measures productivity in the production of different types of final goods instead of by industry. He describes a methodology that could provide such estimates. The results, Denison contends, are more enlightening and the problems encountered in estimating productivity by industry can be avoided.
http://www.amazon.com/gp/product/0815718004/?tag=2022091-20
Why Growth Rates Differ
http://www.amazon.com/gp/product/B003S9FC1C/?tag=2022091-20
- Why Growth Rates Differ: Postwar Experience in Nine Western Countries
- Accounting for United States Economic Growth, 1929-1969 (Explains the techniques of growth analysis and their use ...)
- Accounting for United States Economic Growth, 1929-1969 by Edward Fulton Denison (1974-06-03) (Will be shipped from US. Brand new copy.)
Edward Fulton Fulton DENISON
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Edward Fulton DENISON, economist in the field of Economic Studies of More Industrialised Countries; National Income Accounting; Productivity and Growth; Theory and Data. Vice-President, Distinguished Fellow, American Economic Association; Fellow, Associate of Applied Science, International Association for Research in Income and Wealth, National Economics Club; Shiskin Award, Washington State Society.
Education
Student, Central Young Men’s Christian Association College, Chicago, 1932-1934; student, Loyola University, Chicago, 1935; Bachelor of Arts, Oberlin College, 1936; A.M., Brown U., 1938; Doctor of Philosophy, 1941; Doctor of Philosophy fellow in economics, Brookings Institution, 1939-1940; graduate, National War College, 1951.
Career
Instructor, Brown U., 1940-1941;
economist., national income division, Office of Business Economics, unites states department Commerce, 1941-1947;
acting chief, national income division, Office of Business Economics, unites states department Commerce, 1948;
assistant director, Office of Business Economics, 1949-1956;
associate director, Bureau Economics Analysis, 1979-1982;
economist, Committee Economics Development, 1956-1962;
senior fellow, Brookings Institution, 1962-1978;
senior fellow emeritus, Brookings Institution, from 1978. Visiting research professor University of California - Berkeley, 1966-1967. Chief aggregates unit United States Strategic Bombing Survey, Germany, 1945.
Lecturer American U., Washington, 1946.
Achievements
Works
book
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Accounting for United States Economic Growth, 1929-1969
(Explains the techniques of growth analysis and their use ...)
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Accounting for United States Economic Growth, 1929-1969
(Explains the techniques of growth analysis and their use ...)
-
Estimates of Productivity Change by Industry: An Evaluation and an Alternative
( Government figures show that from 1948 to 1973 producti...)
-
Trends in American Economic Growth
( The growth rate of national income has fluctuated widel...)
-
The sources of economic growth in the United States and the alternatives before us (Committee for Economic Development. Supplementary paper no. 13)
(Committee For Economic Development, Supplementary Paper N...)
-
Why Growth Rates Differ: Postwar Experience in Nine Western Countries
(Book by Denison, Edward F., Jean-Pierre Poullier)
-
Accounting for United States Economic Growth, 1929-1969 by Edward Fulton Denison (1974-06-03)
(Will be shipped from US. Brand new copy.)
- Why Growth Rates Differ: Postwar Experience in Nine Western Countries
- Accounting for Slower Economic Growth : The United States in the 1970s
- Why Growth Rates Differ. Postwar Experience in Nine Western Countries
- Why Growth Rates Differ
- Why Growth Rates Differ
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Accounting for United States Economic Growth, 1929-1969
Views
Developed growth accounting (sources-of-growth analysis) and applied it to the study of growth in ten advanced countries and to the study of differences in their levels of output. Contributed to the theory and practice of measurement of capital stock, especially with respect to quality changes. Demonstrated unreality of embodiment models.
Showed stability of total private saving rate. Participated in development of concepts and estimates for the national income accounts of United States of America Measured and analysed professional incomes.
Membership
Fellow American Academy Arts and Sciences, American Economic Association (Distinguished fellow. Vice president 1978), American Statistical Association (Distinguished fellow). Member International Association Research in Income and Wealth, National Academy of Sciences, Conference Research in Income and Wealth, National Economists Club (board governors).
Clubs: Sherwood Forest (Maryland).
Interests
Connections
Son of Edward Fulton and Edith Barbara (Brown) D. M. Elsie Lightbown, June 14, 1941. Children: Janet Denison Howell, Edward.
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Born
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Died
October 23, 1992 (aged 76) -
Nationality
American
Education
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1934
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1935
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1936
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1938
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1940
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1951
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Career
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1940 - 1941
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1941 - 1947
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1948
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1949 - 1956
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1956 - 1962
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1979 - 1982